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AuRico Metals Submits Application for Environmental Assessment Certificate for the Kemess Underground Project -
Fri, 4 Mar, 2016 7:30 AM EST
https://ca.finance.yahoo.com/news/aurico-metals-submits-application-environmental-123000082.html
AuRico Metals Inc. (AMI.TO)
TORONTO, March 4, 2016 /CNW/ -
AuRico Metals Inc. (TSX:AMI.TO - News), ("AuRico" or the "Company")
today announced that it has submitted its Environmental Assessment
("EA") application for
the Kemess Underground Project to the British Columbia Environmental
Assessment Office ("BC EAO") in accordance with the British Columbia
Environmental Assessment Act.
With the submission of the EA Application to the BC EAO, the 30-day
screening period to ensure that the EA Application is complete has now
commenced.
Once the EA Application has been screened, and if accepted, there is a
180-day period for the BC EAO to complete its review.
The BC EAO is managing the environmental assessment in a Substituted
Process on behalf of British Columbia and the Canadian Environmental
Assessment Agency.
Commenting on today's announcement, Chris Richter, President and CEO of
AuRico Metals stated, "The submission of the EA marks another important
milestone for the advancement of Kemess, along with the imminent
release of an updated Feasibility Study for the Kemess Underground
Project and an updated resource estimate for Kemess East.
We look forward to the receipt of a government decision on
Kemess in the fourth quarter of this year."
About AuRico Metals
AuRico Metals is a mining royalty and development company whose
producing gold royalty assets include a
1.5% NSR royalty on the Young-Davidson Gold Mine,
a 0.25% NSR royalty on the Williams Mine at Hemlo, and
a 0.5% NSR royalty on the Eagle River Mine –
all located in Ontario, Canada.
AuRico Metals also has a 2% NSR royalty on the Fosterville Mine and
a 1% NSR royalty on the Stawell Mine, located in Victoria, Australia.
Aside from its diversified royalty portfolio,
AuRico owns (100%) the advanced Kemess Gold-Copper Project in British
Columbia, Canada.
AuRico Metals' head office is located in Toronto, Ontario, Canada.
- God Bless -
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